Does the election change anything at all in the US? There are already some signs of recovery with housing improving and consumer confidence up. But we still have the fiscal cliff looming.
Essentially, we have the same group of characters running the US economy that got us where we are today. I think the President will be in a tough spot with the fiscal cliff at the top of the agenda. It is probably going to take a number of months to negotiate all these items and come up with some kind of compromise. How all that plays out is going to be the key for the economy going forward.